The deadline of 31 May for the declaration of CIT, local business tax and innovation contribution for 2022 is approaching

The preparation of the annual calculations for corporate tax, local business tax and the innovation contribution is probably under way at most of the companies. However, it is worth remembering that the amount of the taxes can be significantly reduced if the Company is familiar with and takes advantage of the various possibilities for tax base adjustment, rather than just preparing the returns based on the routine of the previous year. A carefully prepared tax calculation also addresses the tax risks that may arise, while incorrect practices can result in significant additional costs in the long term. But what are the most common topics to focus on?

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Tax Newsletter 2023/07.

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